Form 8-K - Current report
13 Juni 2024 - 3:00PM
Edgar (US Regulatory)
false
0000069891
0000069891
2024-06-12
2024-06-12
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 12, 2024
National Beverage Corp.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
1-14170 |
59-2605822 |
(Commission File Number) |
(IRS Employer Identification No.) |
8100 SW Tenth Street, Suite 4000 |
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Fort Lauderdale, Florida |
33324 |
(Address of Principal Executive Offices) |
(Zip Code) |
(954) 581-0922
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Title of each Class |
Trading Symbol |
Name of each exchange on which registered |
Common Stock, par value $.01 per share |
FIZZ |
The NASDAQ Global Select Market |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On June 12, 2024, National Beverage Corp. announced a special cash dividend of $3.25 per share to shareholders of record on June 24, 2024 to be paid on or before July 24, 2024. This press release is furnished as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits
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Exhibit 104
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Cover Page Interactive Data File (formatted as Inline XBRL)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
National Beverage Corp.
(Registrant)
By:
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/s/ George R. Bracken
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George R. Bracken
Executive Vice President – Finance
(Principal Financial Officer)
Date: June 13, 2024
EXHIBIT INDEX
99.1
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Press release dated June 12, 2024 announcing the Company’s declaration of a special cash dividend.
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104
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Cover Page Interactive Data File (formatted as Inline XBRL)
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Exhibit 99.1
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NASDAQ: FIZZ
For Immediate Release
Contact: Office of the Chairman, Grace Keene
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NATIONAL BEVERAGE CORP.
MAKES HIGH GOALS . . . HIGHER!
DECLARES SPECIAL CASH DIVIDEND
FORT LAUDERDALE, FL, June 12, 2024 . . . National Beverage Corp. (NASDAQ: FIZZ), honoring its committed goal to shareholders, today announced that its Board of Directors has declared a special cash dividend of $3.25 per share to shareholders of record on June 24, 2024. FIZZ will trade ex-dividend on June 24, 2024, and the payment date for this dividend will be on or before July 24, 2024.
“With this special dividend, our twelfth in the past 20 years, FIZZ holders will have received $16.53 per share, or over $1.5 billion,” stated a company spokesperson. “Our consistent performance in unusual circumstances and excellent, innovative products continue to generate superior operating cash flows while maintaining one of the industry’s strongest balance sheets. We most recently reported eleven consecutive quarters of record sales coupled with improving gross profits and operating income. National Beverage Corp. plans to announce results for its fiscal year ended April 27, 2024 on or before June 26, 2024.”
“Team National continues its uniqueness with novel, innovative creativity that sets us apart, especially with exceptional taste and flavors that excite its devoted consumers. Retailers anticipate and expect originality from LaCroix with its superb flavor development and packaging that leads the sparkling water industry. Our newest LaCroix flavor, Mojito, brings the sensory feel of paradise directly to consumers nationally and other imaginative flavors are currently being presented to major customers. LaCroix remains as one of ‘The Most Trusted Brands in America’ as it continues its leadership in innovation,” concluded the company spokesperson.
“Patriotism” – If Only We Could Bottle It!
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8100 SW Tenth Street
Suite 4000
Fort Lauderdale, Florida 33324
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Phone: 877-NBC-FIZZ
www.nationalbeverage.com
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Jun. 12, 2024 |
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Entity, Registrant Name |
National Beverage Corp.
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Document, Type |
8-K
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Document, Period End Date |
Jun. 12, 2024
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Entity, Incorporation, State or Country Code |
DE
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Entity, File Number |
1-14170
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Entity, Tax Identification Number |
59-2605822
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Entity, Address, Address Line One |
8100 SW Tenth Street, Suite 4000
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Entity, Address, City or Town |
Fort Lauderdale
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Entity, Address, State or Province |
FL
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Entity, Address, Postal Zip Code |
33324
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City Area Code |
954
|
Local Phone Number |
581-0922
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Title of 12(b) Security |
Common Stock
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Trading Symbol |
FIZZ
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Security Exchange Name |
NASDAQ
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